A 30-year-old man from Khagaria, Bihar, has been arrested by the Navi Mumbai Cyber Cell for allegedly defrauding a resident of over Rs 14.88 crore in a share trading scam. The accused, identified as Sujitkumar Madankumar Singh, is believed to have connections in Cambodia, where he worked in call centers and targeted Indian citizens in various scams.
The victim filed a complaint with the Navi Mumbai police, which led to the registration of an FIR under the BNS criminal code and the IT Act. According to the complainant, between January and August 2024, they lost a total of Rs 14,88,91,665 in the online trading fraud orchestrated by Singh.
Senior Inspector Gajanan Kadam of the Cyber Police Station confirmed the arrest, stating that the investigation is ongoing.